05032016Tue
Last update: Tue, 03 May 2016 11am

Top Stories

Archive: 

The CIA has marked the anniversary of the killing of Osama bin Laden by live-tweeting - with a five-year delay - the raid by US special forces on the al Qaeda founder's compound in Pakistan. Using the hashtag UBLRaid, the CIA blasted out updates of the May 2011 strike as if it was unfolding in real time - in a highly unusual move for the secretive spy agency.
Interior Minister Chaudhry Nisar Ali Khan has said that the fate of Dr Shakeel Afridi is going to be decided by the Pakistani courts and the Government of Pakistan and not by US presidential candidate Donald Trump even if he becomes the President of United States. The Interior Minister was reacting to Trump's interview broadcast by Fox News.
A Corps Commander Conference chaired by General Raheel Sharif, Chief of Army Staff (CoAS), was held here on Monday at General Headquarters (GHQ). Forum was briefed in detail about internal and external security situation of the country. Participants of the conference dwelt at length on operational preparedness, training and other professional matters.
Finance Minister, Senator Mohammad Ishaq Dar as Chairman, Economic Co-ordination Committee of the Cabinet (ECC) has accorded anticipatory approval for extension in the period of applicability of reduced rate of withholding tax @ 0.4 per cent on banking transactions by non-filers up to 31st May, 2016.
Iran has passed a law allowing the government to grant citizenship to the families of foreigners killed while fighting for the Islamic republic, the official IRNA news agency reported Monday. "Members of the parliament authorised the government to grant Iranian citizenship to the wife, children and parents of foreign martyrs who died on a mission... during the Iran-Iraq war (1980-1988) and afterwards," it said.
Pakistan Stock Exchange (PSX) remained volatile on first trading day of the week and the benchmark KSE-100 index shed 152 points to close at 34,567 points on Monday down from 34,719 points on Friday. Ahsan Mehanti, Director at Arif Habib, said that stocks closed bearish amid pressure in cement, banking and oil scrips amid consolidation post major earning announcements at the PSX.
On Monday, BRIndex30 opened at 21,625.95 points. It touched an intraday high of 21,634.84 points and an intraday low of 21,442.94 points and closed at 21,464.74 points which was -161.21 points or -0.75 percent lower than previous close. Total volume was 123,648,800 shares, which was 66.63 percent of KSE All share volume and 103.19 percent of KSE 100 volume. The KSE All Share volume was 185,578,220 and KSE 100 volume was 119,827,180 shares.